The Port of Oakland’s total cargo volumes are up 6% over the same period in 2015, while reporting that its terminals handled more than 1.1 million TEU between January to June 2016.
During the same period in 2015, the volume was more than 1 million TEU. Total volume includes loaded and empty containers.
When looking at fully-loaded containers, the port’s imports and exports have grown 10.1% compared with the same January to June period in 2015.
The port continues to see a balance between import (49%) and export (51%) cargo volumes through the Oakland gateway.
John Driscoll, Maritime Director at the Port of Oakland, said: “These container statistics are encouraging in light of the current state of volatility within the global maritime industry.
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“We are continuing to grow – a sign of the robust regional economy in Northern California and also of strong agricultural exports.”
When comparing loaded and total container volumes for the month of June, 2016 versus June, 2015, the data shows a 2.2 and 4.6% decline, respectively.
The decline in total TEU in June, 2016 versus June, 2015 was driven primarily by approximately 15% fewer export empty containers handled.
The decline in loaded TEU in June, 2016 versus June, 2015 was driven by a modest decline in export volumes.
The port said that the export decline is due to softening scrap and waste paper shipments.
Fact File: The Port of Oakland oversees the Oakland seaport, Oakland International Airport, and 20 miles of waterfront. Together with its business partners, the port supports more than 73,000 jobs in the region and nearly 827,000 jobs across the US.
